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Business for Sale Summary

Jewelry Store For Sale in Essex County, NJ - 29548

Business Type: retailing businesses,gift and specialty retail,jewelry store,misc. retail/non-classifiable
Jewelry Store For Sale in Essex County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $165,000 Down Payment $115,000
Gross Revenues $290,000 Lease Remaining Register Free to View
Owner’s Cash Flow $81,000 Number of FT Employees Register Free to View

Financing

$115,000 Down and Financing at $50,000

Business Description

Ideally located in Essex County, the seller has enjoyed ownership of this elegant jewelry business for twenty-eight of its seventy years. The maturity, elegance and reputation of this store are perfectly matched by the character and reputation of its owner. And, the seller will stay on to ensure the success of its new owner- but not indefinitely. Owner and spouse are looking to relocate to a warmer climate. This is a full-service jewelry store that sells and repairs watches, necklaces and bracelets, appraises jewelry, and crafts custom-designed settings. Business is obtained solely by reputation and referral. Work hours are limited to four days a week, opening late and closing each workday at 5:00pm. The business has significant growth opportunity in a host of ways: utilizing social media to market its services, advertising and emphasizing custom work, expanding the store hours, carrying costume jewelry, and by offering pawn brokerage service. Not likely to last- do not wait on this one! Please contact the broker for further information at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.